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Hurricane Harvey to impact retail

Published 08/25/2017, 09:33 AM
© Reuters.  Hurricane Harvey to impact retail
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  • Hurricane Harvey is expected to have an impact on the retail sector due to store closures in highly-populated areas of Texas.
  • Chain stores with a high percentage of locations in Texas include Stage Stores (NYSE:SSI) with 28%, Dillard's (NYSE:DDS) with 20%, Stein Mart (NASDAQ:SMRT) with 15% and Ross Stores (NASDAQ:ROST) with 15%, according to information compiled by Bloomberg Intelligence.
  • Restaurant companies with significant exposure include Jack In The Box (NASDAQ:JACK), Fiesta Restaurant (NASDAQ:FRGI), Sonic (NASDAQ:SONC) and Texas Roadhouse (NASDAQ:TXRH).
  • Now read: Daily Insider Ratings Round Up 8/21/17: WAIR, NAV, FRGI, LNCE, TEP, LUB, SEAS


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